SENATE President Juan Miguel 'Migz' Zubiri on Friday said that a bill filed at the House of Representative seeking to create a Philippine sovereign wealth fund or the 'Maharlika Investments Fund ' will be carefully studied.
'We must first ensure that the Sovereign wealth fund is necessary and if so, we need to ensure that it is managed properly and the safeguards are in place so that it would not be misused or prone to corruption,' the Senate chief added.'We owe that to the public, as this fund will involve public funds borne out of the taxes from the sweat and tears of our people. We must make sure that there is full transparency and efficient utilization of this Fund,' he stressed.
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Proposed 'Maharlika' fund OK'd by House panel, given final nameThe House Committee on Banks ang Financial Intermediaries approved during a public hearing Thursday afternoon, Dec. 1 the proposed Philippine sovereign wealth fund, dubbed the Maharlika Wealth Fund (MWF). baka may magsabi named after maharlika the vlogger. 😂
Source: manilabulletin - 🏆 25. / 51 Read more »
House panel OKs Maharlika Investment Fund billA House committee on Thursday approved a recently filed bill that seeks to establish billions of pesos worth of sovereign wealth fund dubbed as Maharlika Investment Fund (MIF). marcos inc is on the plunder run again
Source: gmanews - 🏆 11. / 68 Read more »
Maharlika Wealth Fund seen to be operational 6 months from enactment into law — DioknoThe proposed sovereign wealth fund dubbed as Maharlika Wealth Fund which aims to maximize the profitability of government assets is seen to be up and running within six months after the measure creating it is enacted into law, Finance Secretary Benjamin Diokno said Wednesday. MacarioBonifac3 SINO KAYA MAGPAPAUTANG SA SINDIKATONG GOBYERNO,.... KURAKOT NA LNG INAASIKASO WALA NANG PAG-ASENSO,... 1MDB Thieves really know where, how to steal !!! Galawang Marcos & romualdez ... they really can smell where the money is ... so eager to take a dive into people's money
Source: gmanews - 🏆 11. / 68 Read more »
ECCP neutral on proposed Maharlika Fund for nowAsked to comment on the matter, European Chamber of Commerce of the Philippines (ECCP) president Lars Wittig said on Thursday the group is mostly “neutral” on it at this point as not many details are available.
Source: gmanews - 🏆 11. / 68 Read more »
Marcos himself pushing for Maharlika fund, says Salceda“Utos ng Pangulo ‘to… the President wanted a fund kasi ‘pag may GAA, ‘pag naglagay sila ng pera para sa dams, tinatanggal natin. ‘Pag naglagay tayo ng pera para sa NBN, tinatanggal natin dahil pagkalalaki. ‘Pag naglalagay tayo ng pera para sa grid, tinatanggal natin,” Salceda said in Tina Panganiban-Perez’s “24 Oras” report on Thursday. Entrusting your house to an akyat-bahay! they should call it MAHARLIKA INVESTMENT SCAM Anong investments po? Please show nmn Kung ano bang profitable investments Ng Phil. Govt for the last 20 years. Meron bang hinawakan Ang govt na Hindi nalugi? Pag naglaho mga investments sino mananagot? Sino magsshoulder Ng losts? Pag investment npkadaling sabihin na 1/2
Source: gmanews - 🏆 11. / 68 Read more »
House speeding up Maharlika passage; trade group backs billThe House of Representatives is working double time to speed up approval of the bill creating the country’s first ever sovereign wealth fund. Proposed on Monday under House Bill No. 6398, or AldenMonzonINQ jiandradeINQ Why establish that wealth fund when 175B out of the 250B is coming from GSIS & SSS? Isn’t this redundant? Are they saying the GSIS & SSS won’t be doing a good job in increasing assets? But aren’t those Marcos appointees too They keep finding new ways to fuck us over & over. AldenMonzonINQ jiandradeINQ This will not end well. AldenMonzonINQ jiandradeINQ So if a bill will benefit the President they can speed things up. But for bills that would benefit people it would take them years to approve and after endless debates.
Source: inquirerdotnet - 🏆 3. / 86 Read more »